Holland, Indiana (SW IN) | cbellfarms - 1/16/2025 05:12
I'm looking to put some math together to justify starting a new grain system. One thing I can't really seem to find is a historical average corn futures carry from December to March/May/July. I can figure out basis appreciation and storage/interest cost easy enough, but average carry is what I am missing. Does anyone have some figures or can you point me in the right direction? Thanks
IMO unless you are talking about harvest efficiency you will possibly spend WAY too much for a new state of the art grain facility
Building a cheaper version possibly will pencil out (augers and labor vs legs --short term VS forever)
Just ran the numbers on adding another grain bin to our systems ---we'll be hauling in harvest --150K+ bu of corn
A bin just doesn't pencil out HOWEVER we have the backup of some flat storage IF basis and spreads gets stupid crazy
Planning ahead as much as possible --Need to haul the bushels sometimes --elevators have really SUCKED this January
only so much time in the year --Bins do not cure everything
Dan
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